BTC, ETH and XRP Price Analysis for October 18

The new week has begun with a fairly neutral mood in the crypto industry as some coins are in the red zone, whilst many others are in the green.

BTC/USD

Over the weekend, Bitcoin (BTC) price tag consolidated over the psychological $60,000 mark and consolidated inside a sideways assortment.

At the finish of the week, the bears attempted to accurate the price tag and knock the pair out of the sideways assortment, but tonight the price tag has returned to this assortment and approached the month-to-month greatest zone in the morning.

If consumers can proceed to rally, then throughout the day, the pair could check the a hundred% Fibonacci degree and a robust upside move could re-generate the all-time highs all over the $66,000 mark.

Bitcoin is trading at $62,044 at press time.

ETH / USD

On Saturday, Ethereum (ETH) price tag approached the psychological degree of $four,000, renewing a month-to-month higher at $three,971.

At the finish of final week, the bears pushed Ethereum (ETH) price tag under the 4-hour EMA55, but overnight, the pair was ready to make a total recovery in direction of the $three,860 region. If the major buys proceed, the price tag could break the $four,000 degree and refresh the month-to-month higher all over $four,a hundred.

Ethereum is trading at $three,762 at press time.

XRP / USD

At the finish of final week, XRP price tag was in a sideways assortment with assistance in the 4-hour EMA55 region.

Over the weekend, the pair failed to check the $one.twenty degree and on Sunday evening the bears fell back under the typical price tag, establishing a weekly minimal at $one.022.

This morning, the pair is trying a recovery in direction of the POC line, but it stays unclear no matter if the price tag can get a foothold in this region or proceed to drop to the psychological $one degree.

XRP is trading at $one.0683 at press time.

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